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Jun 19, 2013 9:00pm PDT
about every one of us. fed chairman ben bernanke expects the economy to grow and unemployment to fall. but he also signalled today that years of low interest rates that have made it easy for companies to invest and families to buy cars and homes may soon be ending. the dow dropped more than 200 points on that news. the nasdaq dropped almost 40. ton, abc news reporter rebecca jarvis explains what that means to the average american. >> david and sara turn bull are looking at homes in newbury park, california, for their expanding family, hoping to take advantage of record low interest rates. >> because we're at a time where we can buy, we would ideally like to lock in an interest rate. >> but in the last six weeks, interest rates have started climbing. mortgages now above 4% for the first time in a year. up more than half a percent since may. >> people are really thinking that makes a big difference in my monthly payment and what i can afford. >> every 1% increase in mortgage rates makes owning a home about 10% more expensive. >> i like that. >> in real terms, when rates rise a percent,
Jun 21, 2013 9:00pm PDT
day. stock prices went up today and when the feds taper off the stimulus program it means the economy is improving actually. dow rose 41 points today. >> well health news. more men over 40 participate in try after lon there are new health concerns when competing in that endurance test. triathalon combine swimming biking running. researchers say it's the swimming portion of the race that can be particularly dangerous. here's why. cold water. anxiety can speed up the heart raise causing hyper convenient las vegas. at the same time water in the face and extended breathing makes the body want to slot heart rate to conserve oxygen. doctors say the 2 responses at the same time can cause cardiac arrest. heart attack race officials say there is an up take in fatality among middle age men. >> john muir national historic tonight martin rest confident that a living connection to the nationalist kn can be preserved forever. thinks really interesting. this tree at the site was planted by muir in 1852. the seedling taken from the sierra. well the tree has a fungus that is eventually un
Search Results 0 to 1 of about 2